“You have a government that is reckless about what is going to happen to Guyana,” said Melinda Janki, an international lawyer in Guyana who is handling several lawsuits against Exxon. It’s pursuing “a supposed course of development that is actually backward and destructive,” she told CNN. kelpdao
And while plenty of Guyanese people welcome the new oil industry, some say Guyana’s startling economic statistics do not reflect a real-world prosperity for ordinary people, many of whom are struggling with the higher prices accompanying the oil boom. Inflation rose 6.6% in 2023, with prices of some foods shooting up much more rapidly.
“Since the oil extraction began in Guyana, we have noticed that our cost of living has gone sky high,” said Wintress White, of Red Thread, a non-profit that focuses on improving living conditions for Guyanese women. “The money is not trickling down to the masses,” she told CNN.
CNN contacted President Ali, the Ministry of Natural Resources and the Ministry of Finance for comment but received no response.
Guyana, a former Dutch then British colony which gained independence in 1966, is one of only a handful of countries that is a “carbon sink,” meaning it stores more planet-heating pollution than it produces. This is due to its vast rainforest; trees remove carbon dioxide from the atmosphere as they grow.
The country has protected its biodiversity where others have destroyed theirs, President Ali said in a BBC interview last year. In 2009, the country signed an agreement with Norway, which promised Guyana more than $250 million to preserve its 18.5 million hectares, or nearly 46 million acres, of forests.
Ali insists the country can balance climate leadership and fossil fuel exploitation. The new oil wealth will allow Guayana to develop, including building climate adaptations such as sea walls, he has said. He has also pointed to the continued failures of wealthy countries, already grown rich on their own fossil fuels, to help poorer countries with climate finance.
But there are concerns Guyana could fall victim to the “resource curse,” in which vast, new wealth ?can actually make life worse for those who live there.
Для ценителей красивой эротики — comatozze. Смотрите comatozze video — не пожалеете. Для поклонников качественной съемки — только comatozze. Видео comatozze хочется пересматривать снова и снова. Идеальная подача чувственности — comatozze. Не пожалел, что зашёл на comatozze. Подняли планку качества — comatozze рулит. Увидел коматоцце случайно и остался. Аналогов просто нет — comatozze comatozze fans.
+2
Peter Nicholas, Garrett Haake and Carol E. Lee
Reporting from Washington mega1 to
“Liberation Day” gave way to Capitulation Day last night.
President Donald Trump pulled back yesterday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Image: President Donald Trump
Saul Loeb / AFP – Getty Images
Trump’s early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony. mgmarket4.at
The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who’ve been sinking their savings into 401(k)s to rethink their retirement plans.
Read the full story here.
32m ago / 12:55 PM GMT+3
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China’s foreign ministry calls the U.S. a ’21st century barbarian’
Peter Guo
Reporting from Hong Kong
China’s public language on its trade war with the U.S. has become increasingly bellicose and took a new turn today when Beijing’s foreign ministry said the Trump administration’s tariffs have made the U.S. a “barbarian of the 21st century.”
Trump’s tariffs will “never America great again” ministry of foreign affairs spokesperson Huang Jingrui, wrote in an open letter today in Hong Kong’s newspaper South China Morning Post. mgmarket5 at
“A tariff-wielding barbarian who attempts to force countries to call and beg for mercy can never expect that call from China,” Huang said, adding that the U.S. is “obsessed with the art of bullying and blackmailing the entire world.”
47m ago / 12:40 PM GMT+3
Sharesocial share icon trigger
EU welcomes 90-day tariff pause
Peter Guo
The EU President Ursula von der Leyen said today that the region welcomes Trump’s announcement to pause tariffs for 90 days.
Von der Leyen said the EU remains “committed to constructive negotiations” with the U.S., according to a statement from her office.
Meanwhile, Europe continues to focus on diversifying their trade partnerships, engaging with countries that account for 87% of global trade, she said.
Trump’s tariffs have shown that the European internal market is the region’s “anchor of stability and resilience” in times of uncertainty, von der Leyen added.
1h ago / 12:27 PM GMT+3
Sharesocial share icon trigger
Trade war with China ‘to spark a wave of smuggling’
Peter Guo
Reporting from Hong Kong mgmarket4 at
Irregular trade including smuggling will most likely rise amid the U.S.’ and China’s tit-for-tat tariffs, an economist warns.
The cost of tariffs has become “prohibitive to almost every company,” Tianchen Xu, senior economist at Economist Intelligence Unit.
“As a result, trade flows in both directions will tumble, and irregular trade will proliferate, including smuggling, transshipment and systemic under-reporting of trade value during customs clearance,” Xu said in a note.
Xu said trade negotiations and a partial de-escalation in the ongoing trade war may ensue in the coming months, but those tensions are likely to worsen in the short term between the world’s two largest economies.
1h ago / 12:09 PM GMT+3
Sharesocial share icon trigger
California plant business owner says costs will double with tariffs
Gadi Schwartz and Phil Helsel
The owner of a California home decor and plant shop said that even in dealing locally, the sourcing of goods from China is impossible to avoid.
mgmarket
https://t.me/kupit_prodat_onkolekarstva/47
“You have a government that is reckless about what is going to happen to Guyana,” said Melinda Janki, an international lawyer in Guyana who is handling several lawsuits against Exxon. It’s pursuing “a supposed course of development that is actually backward and destructive,” she told CNN.
kelpdao
And while plenty of Guyanese people welcome the new oil industry, some say Guyana’s startling economic statistics do not reflect a real-world prosperity for ordinary people, many of whom are struggling with the higher prices accompanying the oil boom. Inflation rose 6.6% in 2023, with prices of some foods shooting up much more rapidly.
“Since the oil extraction began in Guyana, we have noticed that our cost of living has gone sky high,” said Wintress White, of Red Thread, a non-profit that focuses on improving living conditions for Guyanese women. “The money is not trickling down to the masses,” she told CNN.
CNN contacted President Ali, the Ministry of Natural Resources and the Ministry of Finance for comment but received no response.
Guyana, a former Dutch then British colony which gained independence in 1966, is one of only a handful of countries that is a “carbon sink,” meaning it stores more planet-heating pollution than it produces. This is due to its vast rainforest; trees remove carbon dioxide from the atmosphere as they grow.
The country has protected its biodiversity where others have destroyed theirs, President Ali said in a BBC interview last year. In 2009, the country signed an agreement with Norway, which promised Guyana more than $250 million to preserve its 18.5 million hectares, or nearly 46 million acres, of forests.
Ali insists the country can balance climate leadership and fossil fuel exploitation. The new oil wealth will allow Guayana to develop, including building climate adaptations such as sea walls, he has said. He has also pointed to the continued failures of wealthy countries, already grown rich on their own fossil fuels, to help poorer countries with climate finance.
But there are concerns Guyana could fall victim to the “resource curse,” in which vast, new wealth ?can actually make life worse for those who live there.
Для ценителей красивой эротики — comatozze. Смотрите comatozze video — не пожалеете. Для поклонников качественной съемки — только comatozze. Видео comatozze хочется пересматривать снова и снова. Идеальная подача чувственности — comatozze. Не пожалел, что зашёл на comatozze. Подняли планку качества — comatozze рулит. Увидел коматоцце случайно и остался. Аналогов просто нет — comatozze comatozze fans.
Идеальные деревянные жалюзи с электроприводом для интерьера
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How Trump changed his mind on tariffs
+2
Peter Nicholas, Garrett Haake and Carol E. Lee
Reporting from Washington
mega1 to
“Liberation Day” gave way to Capitulation Day last night.
President Donald Trump pulled back yesterday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Image: President Donald Trump
Saul Loeb / AFP – Getty Images
Trump’s early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
mgmarket4.at
The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who’ve been sinking their savings into 401(k)s to rethink their retirement plans.
Read the full story here.
32m ago / 12:55 PM GMT+3
Sharesocial share icon trigger
China’s foreign ministry calls the U.S. a ’21st century barbarian’
Peter Guo
Reporting from Hong Kong
China’s public language on its trade war with the U.S. has become increasingly bellicose and took a new turn today when Beijing’s foreign ministry said the Trump administration’s tariffs have made the U.S. a “barbarian of the 21st century.”
Trump’s tariffs will “never America great again” ministry of foreign affairs spokesperson Huang Jingrui, wrote in an open letter today in Hong Kong’s newspaper South China Morning Post.
mgmarket5 at
“A tariff-wielding barbarian who attempts to force countries to call and beg for mercy can never expect that call from China,” Huang said, adding that the U.S. is “obsessed with the art of bullying and blackmailing the entire world.”
47m ago / 12:40 PM GMT+3
Sharesocial share icon trigger
EU welcomes 90-day tariff pause
Peter Guo
The EU President Ursula von der Leyen said today that the region welcomes Trump’s announcement to pause tariffs for 90 days.
Von der Leyen said the EU remains “committed to constructive negotiations” with the U.S., according to a statement from her office.
Meanwhile, Europe continues to focus on diversifying their trade partnerships, engaging with countries that account for 87% of global trade, she said.
Trump’s tariffs have shown that the European internal market is the region’s “anchor of stability and resilience” in times of uncertainty, von der Leyen added.
1h ago / 12:27 PM GMT+3
Sharesocial share icon trigger
Trade war with China ‘to spark a wave of smuggling’
Peter Guo
Reporting from Hong Kong
mgmarket4 at
Irregular trade including smuggling will most likely rise amid the U.S.’ and China’s tit-for-tat tariffs, an economist warns.
The cost of tariffs has become “prohibitive to almost every company,” Tianchen Xu, senior economist at Economist Intelligence Unit.
“As a result, trade flows in both directions will tumble, and irregular trade will proliferate, including smuggling, transshipment and systemic under-reporting of trade value during customs clearance,” Xu said in a note.
Xu said trade negotiations and a partial de-escalation in the ongoing trade war may ensue in the coming months, but those tensions are likely to worsen in the short term between the world’s two largest economies.
1h ago / 12:09 PM GMT+3
Sharesocial share icon trigger
California plant business owner says costs will double with tariffs
Gadi Schwartz and Phil Helsel
The owner of a California home decor and plant shop said that even in dealing locally, the sourcing of goods from China is impossible to avoid.
mgmarket
https://mgmarket4.su